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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2025) |
$10.64 |
---|---|
Change |
$0.03
(0.24%)
|
As at June 30, 2025
As at April 30, 2025
Inception Return (November 04, 2021): 3.64%
Row Heading | Return | Annualized Return | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
Fund | 0.77% | 1.04% | 3.61% | 3.61% | 10.60% | 13.36% | 12.44% | - | - | - | - | - | - | - |
Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
Category Rank | 1,740 / 1,817 | 1,578 / 1,771 | 851 / 1,769 | 851 / 1,769 | 910 / 1,750 | 165 / 1,682 | 157 / 1,622 | - | - | - | - | - | - | - |
Quartile Ranking | 4 | 4 | 2 | 2 | 3 | 1 | 1 | - | - | - | - | - | - | - |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.61% | 0.50% | 1.35% | 0.27% | 5.88% | -2.87% | 3.33% | -0.06% | -0.70% | -1.73% | 2.03% | 0.77% |
Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
5.88% (November 2024)
-7.25% (June 2022)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | - | -15.13% | 13.41% | 16.93% |
Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
Quartile Ranking | - | - | - | - | - | - | - | 4 | 1 | 1 |
Category Rank | - | - | - | - | - | - | - | 1,455/ 1,555 | 86/ 1,661 | 181/ 1,714 |
16.93% (2024)
-15.13% (2022)
Name | Percent |
---|---|
US Equity | 34.40 |
Foreign Corporate Bonds | 20.22 |
International Equity | 19.33 |
Cash and Equivalents | 17.84 |
Canadian Equity | 4.00 |
Other | 4.21 |
Name | Percent |
---|---|
Fixed Income | 20.23 |
Cash and Cash Equivalent | 17.84 |
Financial Services | 9.28 |
Technology | 8.80 |
Healthcare | 8.04 |
Other | 35.81 |
Name | Percent |
---|---|
North America | 76.78 |
Europe | 8.84 |
Asia | 6.46 |
Multi-National | 3.16 |
Latin America | 0.64 |
Other | 4.12 |
Name | Percent |
---|---|
Mackenzie World Low Volatility ETF (MWLV) | 53.24 |
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 21.88 |
Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 17.93 |
Mackenzie Enhanced Equity Risk Premia Fund Series R | 3.12 |
CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 2.87 |
CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 0.95 |
Cash and Cash Equivalents | 0.01 |
Mackenzie Enhanced Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 8.89% | - | - |
---|---|---|---|
Beta | 0.99% | - | - |
Alpha | 0.00% | - | - |
Rsquared | 0.77% | - | - |
Sharpe | 0.92% | - | - |
Sortino | 1.97% | - | - |
Treynor | 0.08% | - | - |
Tax Efficiency | - | - | - |
Volatility |
|
- | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.95% | 8.89% | - | - |
Beta | 0.87% | 0.99% | - | - |
Alpha | 0.00% | 0.00% | - | - |
Rsquared | 0.53% | 0.77% | - | - |
Sharpe | 0.89% | 0.92% | - | - |
Sortino | 1.93% | 1.97% | - | - |
Treynor | 0.08% | 0.08% | - | - |
Tax Efficiency | 80.39% | - | - | - |
Start Date | November 04, 2021 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | - |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | $7 |
FundServ Code | Load Code | Sales Status |
---|---|---|
MFC9337 | ||
MFC9338 | ||
MFC9339 |
The Fund seeks to provide capital growth and generate current income with reduced volatility by investing primarily in a combination of equity and fixed-income securities of issuers located anywhere in the world. The Fund will invest in a manner that aims to enhance the diversification of its investments. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.
Currently, the Fund invests in Mackenzie Maximum Diversification and Anti-Benchmark Funds and ETFs (“Mackenzie TOBAM Funds”) as well as third-party funds. The Fund and underlying funds aim to enhance the diversification of the Fund and gain exposure to Canadian and foreign fixed-income and equity securities, as well as cryptocurrencies. The strategic long-term asset mix may change in reaction to, or anticipation of, market changes.
Portfolio Manager |
Mackenzie Financial Corporation |
---|---|
Sub-Advisor |
- |
Fund Manager |
Mackenzie Financial Corporation |
---|---|
Custodian |
Canadian Imperial Bank of Commerce |
Registrar |
Mackenzie Financial Corporation |
Distributor |
- |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 50 |
PAC Subsequent | 50 |
SWP Allowed | No |
SWP Min Balance | - |
SWP Min Withdrawal | - |
MER | 2.13% |
---|---|
Management Fee | 1.60% |
Load | Choice of Front or No Load |
FE Max | 5.00% |
DSC Max | 5.50% |
Trailer Fee Max (FE) | 1.00% |
Trailer Fee Max (DSC) | 1.00% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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